Set on a quiet bay on Lake Muskoka just 8 minutes from Gravenhurst, this property offers an increasingly rare opportunity to secure an affordable piece of prime Muskoka waterfront in a highly desirable area. The existing cottage is no longer suitable for use, making this an ideal property for those ready to design and build a new cottage or year-round home tailored to their vision.The property features an oversized dock, a bunkie, two sheds, and a grandfathered footprint that may offer valuable future planning advantages for redevelopment. The shoreline offers deep water off the dock for swimming, diving, and easy boating access, while the terraced lot creates a beautiful flat gathering area at the waterfront, complete with a shoreline shed and fire pit area.The bay is peaceful and ideal for swimming, kayaking, canoeing, paddleboarding, fishing, and enjoying classic Muskoka evenings by the lake. Across the water are attractive properties that reflect the strong character of the neighbourhood.The naturally sloped topography of this property and the properties to both sides, work together with the natural tree cover to create a surprisingly private setting for a compact lot, giving the property more seclusion than the frontage measurement might suggest. The least private area is on the dock, as is the case with many cottages.Located on a private road that is maintained year -round, with deeded access, the property is surrounded by a mix of seasonal and year-round homes, including a newer neighbouring lake home occupied full time. The lot is private, yet low maintenance and manageable in size.Property is being sold "as is, where is."